ecoomics

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ecoomics

If the multiplier is 4, a $10 billion increase in autonomous investment will cause a

Ecoomics

commodity Price Elasticity of demand ---------- Potatoes 0.3 If I know there is a fall in the price of potatoes how do i predict the corresponding direction of change in total spending? Total spending on potatoes is P*Q. Elasticity is (%change in Q)/(%change in P). So, if ...

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